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Wednesday 1 February 2023
HomeNewsTunisia: startup Millesima Technologies announces fundraising of 1.5 million dinars

Tunisia: startup Millesima Technologies announces fundraising of 1.5 million dinars

MILLESIMA TECHNOLOGIES, a Tunisian labelled start-up, specializing in the technology of data and video streaming and VOD, announced a fundraising of 1.5 million dinars.

Funds raised from BH Equity, a venture capital investment company subsidiary of BH BANK, operating in private equity since 1997 and a private company, which will contribute to the launch of the platform MYVIOO.

That platform will allow companies and organizations to have one or more VOD (video on demand) and Streaming live channels, 100% customizable and private Access to the channels can be paid or free. The latter makes it possible to offer advertising space managed 100% by the channel owners.

Thanks to this fundraising, the landscape of technology in Tunisia will take a step forward, because in 2022, the share of video in global internet traffic between streaming and downloading videos is more than 82%.

Broadcasting, managing and monetizing videos LIVE & VOD has become an imperative issue to the company in order to make profitable and positively impact its environment. It is from this observation that MYVIOO was born, creating the first platform of its kind in Tunisia.

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